GOLDGROUP MINING (Germany) Performance
| 55G0 Stock | 0.02 0.0005 2.50% |
On a scale of 0 to 100, GOLDGROUP MINING holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and GOLDGROUP MINING are completely uncorrelated. Please check GOLDGROUP MINING's downside deviation, information ratio, sortino ratio, as well as the relationship between the coefficient of variation and total risk alpha , to make a quick decision on whether GOLDGROUP MINING's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in GOLDGROUP MINING INC are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, GOLDGROUP MINING reported solid returns over the last few months and may actually be approaching a breakup point. ...more
GOLDGROUP |
GOLDGROUP MINING Relative Risk vs. Return Landscape
If you would invest 1.50 in GOLDGROUP MINING INC on March 14, 2024 and sell it today you would earn a total of 0.55 from holding GOLDGROUP MINING INC or generate 36.67% return on investment over 90 days. GOLDGROUP MINING INC is generating 0.7219% of daily returns assuming 6.935% volatility of returns over the 90 days investment horizon. Simply put, 61% of all stocks have less volatile historical return distribution than GOLDGROUP MINING, and 86% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
GOLDGROUP MINING Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for GOLDGROUP MINING's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as GOLDGROUP MINING INC, and traders can use it to determine the average amount a GOLDGROUP MINING's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1041
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Estimated Market Risk
| 6.94 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average GOLDGROUP MINING is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GOLDGROUP MINING by adding it to a well-diversified portfolio.
About GOLDGROUP MINING Performance
To evaluate GOLDGROUP MINING INC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when GOLDGROUP MINING generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare GOLDGROUP Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand GOLDGROUP MINING INC market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents GOLDGROUP's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Things to note about GOLDGROUP MINING INC performance evaluation
Checking the ongoing alerts about GOLDGROUP MINING for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for GOLDGROUP MINING INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| GOLDGROUP MINING INC is way too risky over 90 days horizon | |
| GOLDGROUP MINING INC has some characteristics of a very speculative penny stock | |
| GOLDGROUP MINING INC appears to be risky and price may revert if volatility continues |
- Analyzing GOLDGROUP MINING's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether GOLDGROUP MINING's stock is overvalued or undervalued compared to its peers.
- Examining GOLDGROUP MINING's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating GOLDGROUP MINING's management team can have a significant impact on its success or failure. Reviewing the track record and experience of GOLDGROUP MINING's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of GOLDGROUP MINING's stock. These opinions can provide insight into GOLDGROUP MINING's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for GOLDGROUP Stock analysis
When running GOLDGROUP MINING's price analysis, check to measure GOLDGROUP MINING's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GOLDGROUP MINING is operating at the current time. Most of GOLDGROUP MINING's value examination focuses on studying past and present price action to predict the probability of GOLDGROUP MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GOLDGROUP MINING's price. Additionally, you may evaluate how the addition of GOLDGROUP MINING to your portfolios can decrease your overall portfolio volatility.
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